Stock markets, Technology, US news, China Business | The Guardian
Unconfirmed report says Biden considering sweeping regulation to further restrict sales of equipment to ChinaGlobal stocks fell on Wednesday as technology shares sank after a report said the US plans tighter import controls on companies that share chipmaking technology with China.London’s FTSE 100 edged 0.1% higher to 8,169.24 as data showed the inflation rate remained steady at the Bank of England’s 2% target in June. That hit hopes for a central bank rate cut, though the better-than-expected data pushed the British pound above $1.30 early on Wednesday. Continue reading…
Unconfirmed report says Biden considering sweeping regulation to further restrict sales of equipment to China
Global stocks fell on Wednesday as technology shares sank after a report said the US plans tighter import controls on companies that share chipmaking technology with China.
London’s FTSE 100 edged 0.1% higher to 8,169.24 as data showed the inflation rate remained steady at the Bank of England’s 2% target in June. That hit hopes for a central bank rate cut, though the better-than-expected data pushed the British pound above $1.30 early on Wednesday.
